From Paul Joyce ......Farhad Moshiri increases his control in Everton from 49.9percent to 68.6percent. That will increase to 77.2percent no later than July 2019.He had been in talks to acquire shares from Bill Kenwright and Jon Woods.

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The 18.7% acquired by Moshiri is made up of Jon Woods' 3,000 shares and former director Arthur Abercromby's 1,935 shares, plus half of chairman Bill Kenwright's shareholding.Jon Woods will no longer sit on the Everton board.

Apparently, having one clear majority shareholder (he was effectively, but not on paper prior to this) makes it easier to deal with the companies who will be required to assist with the financiing of the stadium.